Market Chatter: DigitalBridge Group Eyes Sale of EdgePoint Infrastructure

MT Newswires Live09-13

DigitalBridge Group (DBRG) is mulling a sale of EdgePoint Infrastructure, Bloomberg reported Friday, citing people with knowledge of the matter.

DigitalBridge is consulting with financial advisers and may expect a valuation of as much as $4 billion for the telecommunications tower company, the report said.

The company has drawn interest from infrastructure-focused funds, Bloomberg reported.

DigitalBridge did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 14.00, Change: +0.12, Percent Change: +0.86

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